8. Avient Corporation (NYSE:AVNT)
Avient Corporation (NYSE:AVNT) ranks among the best technology growth stocks to buy under $100. On May 13, BofA Securities boosted Avient Corporation (NYSE:AVNT) to Neutral from Underperform, lifting its price objective to $96 from $66. The firm noted a number of positive cycle indications, namely a substantial backlog, book-to-bill ratios greater than 1 in all regions, and lead time increases in over half of the tracked areas.
According to the firm, inventory has stabilized to 77 days, indicating that Avient Corporation (NYSE:AVNT) begins the upcycle with a healthier balance sheet than in previous cycles. In that regard, BofA Securities increased its fiscal 2027 earnings projection to $9.06 per share from $8.66.
That said, BofA Securities stated that it remains wary of possible pull-forward effects on end demand in the latter half of 2026 and 2027, a weaker recovery in Farnell, operating margin gains constrained by the regional mix, and higher Street projections.
Separately, on April 30, Avient Corporation (NYSE:AVNT) revealed strong third-quarter fiscal 2026 earnings, exceeding both revenue and EPS projections. The company’s EPS of $1.48 was 12.98% higher than the projected $1.31. Meanwhile, revenue came in at $7.1 billion, 10.94% more than the projected $6.4 billion.
Avient Corporation (NYSE:AVNT) provides materials solutions used across a wide range of industries. Its portfolio includes colorants, advanced composites, functional additives, engineered materials, and Dyneema, its ultra-high-molecular-weight polyethylene product.
7. Remitly Global Inc. (NASDAQ:RELY)
Remitly Global Inc. (NASDAQ:RELY) ranks among the best technology growth stocks to buy under $100. On May 14, Cantor Fitzgerald reaffirmed its Overweight rating and $28 price target for Remitly Global Inc. (NASDAQ:RELY). According to Remitly’s quarterly report, the platform’s transfer volume increased by more than 30% quarter-over-quarter in Q1 2026, with more than 20,000 firms adopting the platform.
Meanwhile, volume from high-value senders increased by around 73% year-over-year during the quarter. At the same time, the volume combination of high-value senders rose by approximately 220 basis points year over year.
Management stated that much of the initial success was driven by Remitly’s existing client base, notably those who were already transferring more than $5,000 through the platform. Cantor Fitzgerald anticipates additional revenue growth as Remitly Global Inc. (NASDAQ:RELY) expands its dedicated advertising and customer acquisition initiatives for this group.
As the platform evolves, Cantor Fitzgerald expects Remitly Global Inc. (NASDAQ:RELY) to focus more on business-to-business capabilities and expand upmarket.
Remitly Global Inc. (NASDAQ:RELY) provides financial services, specifically cross-border remittance services, globally. The company is based in Seattle, Washington.
